Ritesh Agarwal is in talks to buy back shares from early investors Sequoia and Lightspeed to increase his stake in OYO to over 30% from 10% at present
Daalchini Technologies, a phygital vending machine company, has raised Rs 3.5 crore from Artha Venture Fund.
SoftBank has already pumped in about $1 billion and currently holds 46 per cent in OYO.
The firm will receive $275 million in the first tranche, of which $125 million will be contributed by IFC.
Apax, Blackstone, Carlyle and KKR are keen to pick substantial stake in Wockhardt's formulations business.
The fund will focus on healthcare, finance, telecom and retail sectors.
SuperZop has raised Rs 8 crore in a pre-Series A round of funding from MS Fund of SIDBI Venture Capital, others.
RenewBuy will use the funds to expand its footprint to 1,000 cities and insure 10 million customers by 2022.
With this funding, Propelld plans to increase its base of institutes and students 10x over the next 18 months.
SoftBank is also the single largest investor in Ola with about a 26 per cent stake.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in
rapidly evolving cape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more
Be a part of our growing community now.